9419 Us Hwy 31Interlochen, MI 49643

  • Grocery and convenience stores
  • 2,554 SF
Off market
$24,866,680 Estimated

Property Details for 9419 Us Hwy 31

Year built
1993
Lot size
2.48 AC
Property size (Sq ft)
2,554 SF
Zone code
C- COMMERCIAL
Property type
Grocery and convenience stores
APN
07-016-009-10
APU
701600910

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $685,711
    6.5%
    $632,964
    7%
    $587,752
  • Comparable approach

    Method
    Valuation
    Relative Method
    $838,299
    Geo Method
    $838,299
  • Alternative Use

    Use
    Valuation
    Residential
    $533,929
    Hospitality
    $489,076
    Educational
    $406,905
    Medical
    $420,899
    Retail
    $632,964

Location Insight

City
Interlochen
County
Grand Traverse
State
Michigan
Latitude
44.6584
Longitude
-85.7671
CBSA code
45900
CBSA name
TRAVERSE CITY, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,790
-
-
$302,300
-
-
-
$702,398

FAQs

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